About Abans Finance Private Limited
Data last updated: 03 January 2026
Abans Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Abans Holdings Limited. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 11 January 1995, the company has been in operation for over 31 years.
Registered with ROC Mumbai under CIN U51219MH1995PTC231627.
Capital: an authorised share capital of ₹163.5 Cr and a paid-up capital of ₹34.47 Cr. Formerly known as Sofed Comtrade Pvt.Ltd and Sofed Comtrade Ltd. It is led by directors including Kumud Chandra Paricha Patnaik and Ashima Chhatwal.
Last AGM: 18 August 2025. Financial statements filed for year ended 31 March 2025. Office: Offices No. 36 37 38A 3Rd Floor Nariman Bhavan, 227 Backbay Reclamation Nariman Point Mumbai 400021., Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.13 Cr, a decline of 29.17% compared to the previous year.
The company has a workforce of approximately 46 employees as per the latest available data. It operates as a subsidiary of Abans Holdings Limited.
The company is associated with 1 brand - Abans Group. As per MCA filings, the company has open charges of ₹201.19 Cr and satisfied charges of ₹16.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abans.co.in.
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Registered AddressOffices No. 36 37 38A 3Rd Floor Nariman Bhavan, 227 Backbay Reclamation Nariman Point Mumbai 400021., Maharashtra, India – 400021
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Abans Finance Private Limited
Abans Finance Private Limited has undergone 6 name changes throughout its history. The current legal name is Abans Finance Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Abans Finance Private Limited | Current |
| Sofed Comtrade Pvt.Ltd | Previous |
| Sofed Comtrade Ltd. | Previous |
| Sofed Comtrade Pvt.Ltd. | Previous |
| Sofed Comtrade Private Limited | Previous |
| Abans Finance Limited | Previous |
| Sofed Comtrade Limited. | Previous |
CIN History of Abans Finance Private Limited
Abans Finance Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51219MH1995PTC231627, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51219MH1995PTC231627 | Current |
| U51219WB1995PTC067354 | Previous |
| U51219MH1995PLC231627 | Previous |
Associated Brands with Abans Finance Private Limited
Abans Finance Private Limited operates one associated brand: Abans Group. These brands represent Abans Finance Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Functions as a diversified conglomerate across various industries. | abans.co.in |
Competitors & Alternatives of Abans Finance Private Limited
Brands and companies operating in the same space as Abans Finance Private Limited include Fidelity Investments, UTI Mutual Fund, Goldman Sachs and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Fidelity Investments
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Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | Boston, United States, United States | 1946 |
UTI Mutual Fund
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Mutual funds, portfolio management, and retirement planning services are offered. | Mumbai, India, India | 2001 |
Goldman Sachs
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Investment banking services are delivered across multiple financial sectors. | New York, United States, United States | 1869 |
S&P Global
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Platform offering business intelligence solutions that combine data and actionable analytics for clients | New York, United States, United States | 1917 |
Bank of America
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Commercial banking and asset management services are offered worldwide. | Charlotte, United States, United States | 1904 |
State Street
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Financial services are provided to asset managers worldwide. | Boston, United States, United States | - |
FIS
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Software suites for banks and financial institutions are provided. | Jacksonville, United States, United States | 1968 |
Avendus
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Corporate advisory and investment services are provided to clients. | Mumbai, India, India | 1999 |
360 One
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Asset and wealth management software is provided for businesses. | Mumbai, India, India | 2008 |
Business Activity of Abans Finance Private Limited
Abans Finance Private Limited operates primarily in the financial and insurance service sector. The company has 2 registered business activity segments, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
| Locked | Financial and insurance Service | Locked | Other financial activities | Locked |
Detailed business activity records for Abans Finance Private Limited
Activity codes and turnover contribution percentages require an active report plan.
- Activity group codes
- Detailed activity codes
- Turnover contribution
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Auditor Details of Abans Finance Private Limited
Abans Finance Private Limited is audited by PARESH RAKESH & ASSOCIATES for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARESH RAKESH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Abans Finance Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors and KMP of Abans Finance Private Limited
Abans Finance Private Limited currently reports 5 directors and 1 key managerial person. 24 former directors have served the organization.
Financials of Abans Finance Private Limited FY 2025 filings available
Abans Finance Private Limited reported revenue of ₹24.13 Cr (down 29.17% YoY) for FY 2023.
Ten-year financial statements for Abans Finance Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Abans Finance Private Limited
Shareholding and ownership data for Abans Finance Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Abans Finance Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 May 2024 | Hdfc Bank Limited | ₹1.29 Cr | Open |
| 31 Jan 2024 | Others | ₹100 Cr | Open |
| 07 Oct 2019 | Others | ₹99.9 Cr | Open |
| 04 Feb 2022 | Others | ₹1.9 Cr | Satisfied |
| 24 Jul 2020 | Others | ₹1.4 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Abans Finance Private Limited
Abans Finance Private Limited has a workforce of 46 employees as of Apr 06, 2024.
Employee and EPFO history for Abans Finance Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Abans Finance Private Limited
GST registrations and filing compliance for Abans Finance Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Abans Finance Private Limited
Credit ratings, litigation, and regulatory alerts for Abans Finance Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Abans Finance Private Limited
MSME payment history for Abans Finance Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Abans Finance Private Limited
Corporate group structure for Abans Finance Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Abans Finance Private Limited
MCA filings and documents for Abans Finance Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Abans Finance Private Limited
Frequently Asked Questions about Abans Finance Private Limited
Abans Finance Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 11 January 1995 (31+ years old) and is registered under CIN U51219MH1995PTC231627. The company has 46 employees.
Abans Finance Private Limited reported revenue of ₹24.13 Cr for FY 2023 (down 29.17% YoY).
The current directors and KMP of Abans Finance Private Limited are:
- Nirbhay Fancy Vassa - Cfo
- Kumud Chandra Paricha Patnaik - Director
- Ashima Chhatwal - Director
- Mahesh Kumar Cheruveedu - Director
- Shivshankar Singh - Director
- Abhishek Pradeepkumar Bansal - Director
The primary industry of Abans Finance Private Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Abans Finance Private Limited can be reached at the registered office: Offices No. 36 37 38A 3Rd Floor Nariman Bhavan, 227 Backbay Reclamation Nariman Point Mumbai 400021, Maharashtra, India – 400021, or through the website abans.co.in.
The authorised capital is ₹163.5 Cr, and the paid-up capital is ₹34.47 Cr.